Together with Ardian we increased our commitment to Baltkom
Together with Ardian, an independent private investor, we increased our joint investment in Baltkom TV, Latvia’s largest cable television operator, by completing the buyout of a minority shareholder. This transaction strengthens our strategic partnership, having initially invested in Baltkom in May 2011.
Baltkom TV was established in 1991. It is one of the leading telecommunication companies in Latvia, offering analogue and interactive digital TV, high-speed internet and fixed line telephone services and, since August 2013, electric energy retail distribution for households.
Together with Ardianwe have an unparalleled experience in investing in telecommunication companies in such countries as France, Poland, the Baltic States, Bulgaria, Scandinavia and other international markets.
MartonHunek, Director of Ardian, said: “This additional investment is another example that we are continuing our long-term commitment to Baltkom and its management team. We look forward to working with the company as it continues to grow organically and through M&A transactions in the fast-growing Latvian economy.”
Piotr Noceń, Managing Partner of Resource Partners, said: “We were impressed with the pace of Baltkom’s growth and therefore decided to increase our stake in the company. We strongly believe in Baltkom’sprospects and its ability to consolidate the Latvian market.”
PLG group signs agreement to acquire iaBilet
PLG group, one of the reputable ticketing groups in the Baltics and Central Europe, has signed an agreement to acquire iaBilet, a well-established Romanian ticketing platform, from Resource Partners, one of the largest CEE private equity firms, alongside the company's founders, who will remain engaged in the business and are expected to continue contributing to its development, including at board level. The sale, agreed eight months after Resource Partners' initial investment, marks a highly successful exit for the Fund, delivering expedited returns to its investors.
Buglo with the ESG Initiative of the Year award at PSIK Awards 2026
We're incredibly proud to share that Buglo Play - a Resource Partners portfolio company - has been named winner of the ESG Initiative of the Year at the PSIK Awards 2026 Gala (the flagship awards of the Polish Private Equity & Venture Capital Association).
